KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on June 08, 2022:
Buying: Rs 53.50 to the Saudi Riyal
Selling: Rs 54.30 to the Saudi Riyal
The buying rate means an exchange company or a bank buys foreign currency from a customer.
The selling rate means an exchange company or a bank sells for foreign currency from a customer.
The rate has been updated at 09:35 AM Pakistan Standard Time (PST).
The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
Market participants are advised to remain cautious amid ongoing fluctuations in global currency markets, as external factors such as oil prices, remittance flows, and geopolitical developments can influence the rupee’s performance against the Saudi Riyal. Experts suggest comparing rates from multiple exchange companies before conducting transactions to secure the most favorable deal.